Narayanan has a long and distinguished career at ISRO, having played a key role in several important missions, including Chandrayaan-2 and 3, and the Gaganyaan programme.
Ride-hailing unicorn Rapido is quickly scaling up its four-wheeler segment, which now contributes up to 25 per cent of its total bookings. Aravind Sanka, Rapido's cofounder, in a video interview with Udisha Srivastav/Business Standard, shares insights on the company's plans to expand into the segment, how BluSmart's exit has created an opportunity for the company, its push towards green mobility, and navigating state-specific policies.
The future of sustainable transportation in India lies in developing electric vehicles across transit automobile segments.
Tata Motors on Wednesday reported a 22 per cent fall in consolidated net profit to Rs 5,578 crore for the third quarter ended December 2024, impacted by s decline in revenue from its passenger and commercial vehicles divisions. The company had posted a consolidated net profit of Rs 7,145 crore in the same quarter last fiscal, Tata Motors said in a regulatory filing.
CURVV, currently in its production-ready avatar, will first be made available as an electric vehicle, to be followed by its internal combustion engine counterpart.
Foxconn means serious business in India. Its delegation to India was led by its Chairman Young Liu who met Prime Minister Narendra Modi.
Houses in low lying areas of Kerala were flooded in the heavy rains, while the accompanying strong winds uprooted trees, damaged homes and caused power disruptions, throwing normal way of life into disarray across the state.
This is the Tesla CEO's first visit to China in three years.
Chief Minister-designate Atishi will be sworn in along with her new Council of ministers during a ceremony at the Raj Niwas on Saturday afternoon that will see Aam Aadmi Party form the government in Delhi for the fourth time in a row.
Passenger vehicles, motorcycles, bikes and commercial vehicles made their presence felt at the Munich Auto Show.
A three-hour heavy downpour accompanied by a dust storm hit Delhi-NCR early morning on Friday, causing flight delays and traffic disruptions as seven people were killed in rain-related incidents across north India.
Hyundai Motor India on Thursday said it will invest Rs 20,000 crore in a phased manner in Tamil Nadu over the next ten years to make further inroads into electric vehicles and modernisation of vehicle platforms. The automaker will invest in phases starting in 2023 till 2032. "Hyundai has been one of the largest manufacturers and consistent investors in Tamil Nadu.
'There's too much coincidence in back-to-back failures of missions critical to national security.'
Normally, the southwest monsoon makes its onset over Kerala by June 1 and covers the entire country by July 8. It starts retreating from northwest India around September 17 and withdraws completely by October 15.
According to reports, by last year, the company has helped its customers save 15 per cent on costs -- around 5-6 per cent on fuel and 15 per cent on fleet utilisation through digital measures.
In doing so, Bajaj has become the first internal combustion engine two-wheeler company to launch an all-electric two-wheeler in India.
The electric vehicle market in India needs a policy push that goes beyond targets, says Vandana Gombar.
US-based Tesla is working through a lot of challenges with the government to launch its products in India, the electric car major's founder and CEO Elon Musk said on Thursday. Responding to a tweet on the company's plans to launch its products in India, Musk tweeted: "Still working through a lot of challenges with the government." Last year, Tesla had sought a reduction in import duties on electric vehicles (EVs) in India.
The MG ZS EV, to be unveiled next month, will go head to head with Hyundai Kona, launched in July this year as the country's first fully electric SUV.
Ford, which had announced to quit the Indian market last year, said it was exploring the possibility of using one of its plants in India to produce electric cars for exports.
Kailash Gahlot, a key minister in the Aam Aadmi Party (AAP) government in Delhi, has resigned, potentially impacting the party's ambitious plan to roll out a Rs 1000 monthly honorarium scheme for women ahead of the Assembly polls in February. Gahlot, who represented the Jat-dominated Najafgarh constituency in West Delhi, cited several issues, including the "Sheeshmahal" controversy over his former official residence, the Delhi government's tussle with the Centre, and the failure to clean the Yamuna River, in his resignation letter. Delhi BJP leaders welcomed Gahlot's resignation, fueling speculation that he could join the party before the assembly polls. However, AAP leaders claimed Gahlot resigned due to pressure from central agencies, including the Enforcement Directorate, and that joining the BJP was his last option. Gahlot's resignation has sparked speculation about his future and the impact it will have on the AAP's electoral prospects.
The plan is to offer the ratings of drivers to insurers, which can then customise their premiums -- a higher score meaning a lower premium, for instance, and vice-versa.
The country's legacy two-wheeler giants - Bajaj Auto and TVS - are fighting a neck-and-neck battle for market share, with the former threatening to dislodging its rival soon. The Pune-based giant, which was trailing far behind TVS just two months ago in e-two-wheelers (e2Ws), has upped the ante. It has increased its market share based on Vahan registrations from 11.6 per cent in June (when it sold only 9,046 electric two wheelers) to 19.3 per cent (when it sold 14,977 this month till August 30).
State governments need to focus on building charging infrastructure to realise the goal of transitioning a large proportion of their sales to EVs, reports Ishaan Gera.
'While we have done a few thousand kilometres in India, most of the testing and data collection and analysis has been done in the US, Japan and Europe.'
Auto Expo 2023 may not trigger a fresh rally in automobile stocks, say analysts, as this year's edition lacks participation from major listed players. It is also owing to the focus on electric vehicles (EVs), a segment where four-wheelers have minuscule market share. "In the passenger vehicles (PV) segment, Maruti Suzuki India and Tata Motors are the only listed players.
'We are very quickly going to announce the timeline of our launches, which should start giving us the turnaround'
For the first time in history, the luxury car market is poised to cross the sales mark of 50,000 units in 2024, with Mercedes leading the way
The IMD issued a "Nowcast" warning, forecasting thunderstorms accompanied by lightning and intense spells of rain with gusty winds reaching 50-60 kmph at isolated places in Mumbai in the next three to four hours.
Tata Motors on Tuesday launched its second electric vehicle -- Tigor EV, catering to the personal segment in the domestic market, priced between Rs 11.99 lakh and Rs 13.14 lakh (ex-showroom). The model comes in three variants, priced at Rs 11.99 lakh, Rs 12.49 lakh and Rs 12.99 lakh. A dual tone top-end trim is tagged at Rs 13.14 lakh. The auto major has already achieved success with its first electric model, Nexon EV and now commences deliveries of Tigor EV from around 150 sales outlets in 70 cities across the country.
Siemens's share price has lost ground in the past few sessions following weak management commentary. The management indicated challenges to the growth outlook due to stagnant private capex and concerns over semiconductor shortages for digital industries. Government infra-spending may regain momentum from January 2025.
Automobile dealers' body FADA said the Budget lacked immediate demand boosters for the automobile industry.
The average cost of data breaches in India reached $2.18 million in 2023, marking a 28 per cent increase since 2020, according to the Reserve Bank of India's (RBI) Currency and Finance report for 2023-24. The report said that India's average data breach cost was still below the global average. The most common attacks in India are phishing which was at 22 per cent and stolen or compromised credentials was 16 per cent. The automotive industry is highly vulnerable to cyber attacks, whereas the banking and financial services sector, benefiting from stringent regulations, enjoys comparatively stronger protection.
Reliance has a 24 per cent conversion rate of 'oil-to-chemicals' at present and may be targeting 70 per cent conversion.
India's e-commerce market alone is projected to reach $200 billion by 2026, making it a prime industry for ambitious entrepreneurs, explains rediffGURU Harsh Bharwani.
It takes a while to get used to the constant and instant supply of power that is the case with EVs, and handling the S1 Pro when it takes a corner or makes a turn can be tricky, says Pavan Lall.
On a surprise visit to Beijing amid speculation that he may unveil Tesla's autonomous driving technology in the burgeoning electric vehicle (EV) market in China, billionaire Elon Musk on Sunday met Chinese Premier Li Qiang and discussed future expansion plans for his automobile.
As the government plans no further extension of the scheme beyond FY24, the task is to achieve the unfinished target of subsidising 914,707 EVs.
While Maruti held the top spot for four decades, the Ambassador was the best-selling car in post-Independence India for three decades.
Car sales are experiencing a challenging phase with around Rs 60,000 crore worth of inventory lying unsold with dealers.
